News Centre

Util Closes $6 Million Seed Investment Round Led By Eldridge - Raise Will Support The Data Provider’s Expansion In The U.S. Meeting Wider Demand For ESG Coverage

Date 03/11/2022

Global sustainability data provider Util today announced the closing of a $6 million investment round led by Eldridge. Additional participants in the round, designed to expand global footprint and accelerate hiring needs, include the Luxembourg Stock Exchange (LuxSE), the Chicago Board Options Exchange (CBOE Global Markets), and founding investor Oxford Science Enterprises (OSE).

Opening Keynote Welcome By Pol de Win, Head Of Global Sales & Origination, SGX Group, ESG In Fixed Income Asia 2022, featuring Green, Social, Sustainability And Sustainability-Linked Bonds

Date 03/11/2022

ACER And Three Regulatory Authorities Reinforce Coordination On Energy Market Abuse

Date 03/11/2022

High prices and high volatility on the wholesale energy markets has led the EU Agency for the Cooperation of Energy Regulators (ACER) and National Regulatory Authorities (NRAs) to reinforce their scrutiny (under REMIT) to detect and sanction possible instances of market abuse.

SGX RegCo Proposes Changes To CDP Margining And Clearing Fund

Date 03/11/2022

Singapore Exchange Regulation (SGX RegCo) is consulting the market on proposed changes to the Central Depository’s (CDP) margining framework and the CDP Clearing Fund. CDP collects margins and Clearing Fund contributions to mitigate the impact a Clearing Member default could have on the rest of the financial system.

UK Financial Conduct Authority: £12 Million Compensation To Be Paid To Thousands Of Struggling Borrowers

Date 03/11/2022

The FCA expects lenders to learn the lessons from good and poor practice during the coronavirus (Covid-19) pandemic to help borrowers during the cost-of-living squeeze.

Dubai Financial Services Authority Fines KPMG LLP Usd 1.5 Million And Former KPMG LLP Audit Partner USD 500,000 For Abraaj Capital Limited Audit Failings

Date 03/11/2022

• The failings relate to KPMG LLP’s audit of Abraaj Capital Limited (ACLD)
• This is the largest fine ever imposed on an Auditor by the DFSA

Agreena Goes ‘First-Ever’ On Blockchain: Tokenized Carbon Crediting Attached To Real Currency

Date 03/11/2022

Carbon farming scaleup Agreena announces its latest endeavor to enable a regenerative revolution in agriculture. The company is launching the world’s first product that can tokenize carbon certificates and move Euros on blockchain in collaboration with the European payments institution Ztlment.

Saudi Arabia Capital Market Authority: More Than SAR 100 Billion In Capital Increases For 116 Listed Companies In About 5 Years

Date 03/11/2022

The Capital Market Authority ("CMA") approved, from January, 2018 to the end of the first half (H1) of 2022, about 116 requests to increase listed companies' capital. The size of the capital increase surged by more than SAR 100 billion. This highlights the role that the CMA plays in the funding of listed companies and the economy at large.

Finnish Retail Bank S-Bank Chooses Worldline As Solution For Real-Time Fraud Detection And Prevention

Date 03/11/2022

Worldline [Euronext: WLN], a global leader in payment services, has integrated its Fraud Management Suite into the issuing platform of Finnish bank S-Bank. Supported by Worldline technology, S-Bank will deploy extensive real-time fraud detection for debit and credit cards whilst increasing the efficiency of its card fraud and risk management.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 48.3%, Of Which 37.5% For Institutional Investors

Date 03/11/2022

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2022 was JD20.8 million, representing 16.3% of the overall trading value, while the value of shares sold by them amounted to JD9.2 million. As a result, the net of non-Jordanian investments in October 2022 showed a positive value of JD11.6 million, whereas the net of non-Jordanian investments showed a negative value of JD2 million during the same month of 2021.